The stock of AXA PROPERTY TRUST LIMITED ORD NPV (LON:APT) hit a new 52-week high and has GBX 159.65 target or 136.00% above today’s GBX 67.65 share price. The 7 months bullish chart indicates low risk for the GBX company. The 1-year high was reported on Nov, 8 by Barchart.com. If the GBX 159.65 price target is reached, the company will be worth GBX more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. The stock increased 0.22% or GBX 0.15 on November 8, hitting GBX 67.65. About 18,361 shares traded hands. AXA PROPERTY TRUST LIMITED ORD NPV (LON:APT) has risen 12.45% since April 11, 2016 and is uptrending. It has outperformed by 10.49% the S&P500.
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